ETH IS KNOCKING ON THE DOOR AGAIN
Ethereum is trading around $1,922 after another strong push higher on the 1H chart. Buyers have managed to keep price above the $1,900 area, while ETH continues to print higher lows and hold above its major moving averages.
The interesting part is the reaction around $1,930. That zone has already acted as a short-term ceiling, and ETH is now pressing right back against it.
A clean break and hold above $1,930 could open the door for another leg higher, while a rejection could send ETH back into consolidation around the $1,900 area.
Momentum is clearly improving, but this is where patience matters. Chasing the candle isn't the game watching how ETH reacts at resistance is.
Ethereum doesn't need a massive move right now. It just needs buyers to prove they can turn resistance into support.
#ETH #Ethereum $ETH
Ethereum is trading around $1,922 after another strong push higher on the 1H chart. Buyers have managed to keep price above the $1,900 area, while ETH continues to print higher lows and hold above its major moving averages.
The interesting part is the reaction around $1,930. That zone has already acted as a short-term ceiling, and ETH is now pressing right back against it.
A clean break and hold above $1,930 could open the door for another leg higher, while a rejection could send ETH back into consolidation around the $1,900 area.
Momentum is clearly improving, but this is where patience matters. Chasing the candle isn't the game watching how ETH reacts at resistance is.
Ethereum doesn't need a massive move right now. It just needs buyers to prove they can turn resistance into support.
#ETH #Ethereum $ETH